The stimulus already has 1 Billion earmarked for climate research.
On top of that,the Cap and Trade Bill would tax industry and energy users, us,
with additional taxes estimated at a 19% increase on home electricity alone, forget about gas and oil..
We are supposed to set the example for the rest of the world, like China, India and Third World countries are going to follow.
With the little manufacturing we have now being taxed to the hilt, they will run, not walk, to other countries where they won't be taxed and there goes the loss of who knows how many more jobs.
This whole thing is a runaway train, act in haste repent at leisure. Let's see what the 1 Billion stimulus will do first ,before we go over the point of no return.
The whole stimulus plan was based on emergency, emergency now we are being told by some scientists, not all, we are headed for climate doomsday unless we do something yesterday.
Let's hope some of the 1 Billion is spent on researching machines that could extract carbon dioxide from the air as proposed by Wallace Broecker, Columbia University Oceanographer.
Worth a try before killing our economy completely.
Slow and steady.